+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

  • The purchase is made by an individual, not a legal entity.
  • The buyer is not going to rent out the acquired property.
  • This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.
A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

2 bedrooms Apartment in Limassol, Cyprus No. 57185

2

Bedrooms

2

Bathrooms

76 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

• 2-Bedroom Penthouse for Sale – Omonia, Limassol
Modern 2-bedroom penthouse for sale on the 3rd floor of a contemporary residential building in Omonia, Limassol. An excellent choice for both homebuyers and investors, offering comfort, convenience, and energy-efficient living.
Property Features:
76 m² Internal Area
46 m² Roof Garden
2 Bedrooms
2 Bathrooms
Penthouse
2 Covered Parking Spaces
Storage Room
Elevator
Air Conditioning
Energy Efficiency Rating: A
Under Construction
• Conveniently located close to the sea, MyMall Limassol, and Limassol City Centre, with easy access to all everyday amenities.
A great opportunity to own a modern penthouse in one of Limassol’s growing residential areas.

Features

Close to shopping malls

Close to shopping malls

City center

City center

New project

New project

Elevator

Elevator

Garden

Garden

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

Similar Property

369 000

2 Bedrooms

76 sq.m.

+ VAT

365 000

2 Bedrooms

76 sq.m.

+ VAT

375 000

2 Bedrooms

76 sq.m.

+ VAT

375 000

2 Bedrooms

76 sq.m.

+ VAT

2 bedrooms Apartment in Limassol, Cyprus No. 57185

2 bedrooms Apartment in Limassol, Cyprus No. 57185

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Features

New project

New project

Indoor facilities

Elevator

Elevator

Outdoor features

Garden

Garden

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